This column is reprinted with the publisher’s, Wolters Kluwer, permission from Global Tax Weekly, and originally appeared on page 19, May 3rd edition.
Companies with known underpaid taxes can accrue a significant amount of delinquent interest
and penalties if the unpaid tax amount is substantial and has been increasing over a long period
of time. Therefore, when a company becomes aware that a taxing jurisdiction is offering a tax
amnesty program, they should strongly consider whether taking advantage of the program is right
for their company. This article focuses on the general opportunities and complications associated
with tax amnesty programs. As of the date of this article, Alabama, Connecticut, and Texas have
amnesty programs scheduled for 2018. Given that the Texas Amnesty Program begins May 1,
2018, we will also provide some helpful information about the program later in this article.
Key Tax Ruling on Outbound Software Payments: Business Profits vs. Royalties
September 11, 2025
Thailand's latest tax ruling on outbound software payments introduces a rights-based approach to classify payments as business profits or royalties. This shift aligns with international tax standards and impacts cross-border technology transactions, including cloud computing and custom software development. Learn how to optimize withholding tax exposure under this new interpretation.
Managing Director Kevin M. Jacobs Featured in The Wall Street Journal
September 11, 2025
A&M Tax Managing Director Kevin M. Jacobs was recently featured in The Wall Street Journal in an article highlighting the cash savings companies are benefiting from under the new tax law.
Changes Coming to the Washington Sales Tax Landscape on October 1, 2025
September 11, 2025
In May 2025, Washington enacted multiple tax bills into law, including Senate Bill 5814 (SB 5814), which takes effect on October 1st and will broaden the sales and use tax base and the Business and Occupation (B&O) tax retailing classification to include several new services.
US-Mexico treaty notification and protective claim requirements
September 8, 2025
Companies in Mexico with a local presence that are currently undergoing, or may in the future undergo, a tax review for FY 2020 of its transfer pricing policies involving the United States, need to file a protective claim/notification no later than September 30th, 2025.
